Two California-based senior housing nonprofits, Front Porch and Covia, have agreed to affiliate with one another. The two organizations’ boards of directors voted to affiliate on June 1. The affiliation would create a combined organization with 54 senior housing communities. Front Porch was ranked no. 22 in total unit count in the latest LeadingAge Ziegler […]
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Like many other senior living providers in its shoes, Sunshine Retirement Living has not received any financial assistance from the government since the pandemic began, despite Covid-19 hurting its bottom line. The provider’s occupancy has dipped 250 basis points in independent living and 800 basis points in memory care since the provider enacted its infection […]
Gone are the days of picture-perfect, well-choreographed tours — at least for now. In the age of Covid-19, senior living sales teams are embracing strategies that emphasize transparency, with the idea that while shiny new amenities or top-notch programming may have sold a resident or their loved ones before the pandemic, senior living customers are […]
When will the Covid-19 pandemic end? Not anytime soon, according to the leaders behind Aegis Living, New Perspective and Sabra Healthcare REIT (Nasdaq: SBRA). All three companies are making preparations now to position their companies to weather the pandemic for the next 24 to 36 months. For instance, Aegis has formed a “virus council” made […]
As the Covid-19 pandemic drags on and the industry worries its hardest weeks still lie ahead, many are wondering when — or even if — they will receive more support from federal, state or local governments. And, their frustration is rising. Senior living providers and industry associations have been clamoring since the outset of the […]
The nation’s largest senior living provider is making headway in its effort to test its residents and associates for Covid-19, and thus reopen more of its communities to move-ins. Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD) has so far tested roughly 20% of the residents and workers at its 741 communities, according to CEO Cindy […]
The Covid-19 pandemic has created new risks for providers of Medicare Advantage (MA) plans — but those plans are also proving their value and may still be a major future component of senior living. That’s the message from some of the most prominent players that have been pushing for increased MA integration in senior living […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
For The Springs Living Founder and CEO Fee Stubblefield, dealing with Covid-19 has felt a little like piloting a commercial jet. “We were cruising along at 30,000 feet, and guess what, the air got contaminated and we had to shut off the engines,” Stubblefield said during a recent appearance on SHN’s Transform podcast series. “At […]
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